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How long does it take to distribute a will?
The process of estate administration is governed by the Administration of Estates Act. It is difficult to give a specific indication of time because every will and its estate has to do with the personal circumstances of the deceased. We ...Do you need a lawyer to draft a will?
Your last will and testament is one of the most important documents you will ever sign. Drafting a will forms part of the process of estate planning and involves a range of considerations. While you do not, by law, need ...Can a family member witness a will?
Your will should be witnessed by independent witnesses. The characteristics of an independent witness are:14 years or older;Mentally of sound mind and capable of testifying in court, at the time of signing;Is not specified in the will (...Do executors have to follow a will?
Yes, a valid will is a legally binding document. The duties of the executor therefore include the administration of the estate in line with what is stipulated in the will....Do beneficiaries of a will have rights?
Yes. The beneficiary(ies) as stipulated in a will have many and various rights. With regards to the process of estate administration, a beneficiary may enquire of an executor or directly from the pffice of the Master of the High ...What is the standard fee for an executor of a will?
The Administration of Estates Act regulates executor fees by way of a set tariff of 3.5% (excl. VAT) of the gross value of assets in the estate, and 6% (excl. VAT) on all income received into the estate during ...